Please advise newcomers to forex trading on their questions!

Well, let's help you answer them one by one, your problem is still quite tangled, first, first of all, you must stop the loss immediately after placing an orderEven in a sideways trend, which is a must, as long as the horizontal is long, and the vertical is as long. This is a precursor to the brewing of unilateral **.

Therefore, as long as the general direction is right, continue to hold, and if the general direction is wrong, it will be flat. 2.If it is said to meet strong**.

You have to analyze whether it is **on the way** or at the bottom** **on the way** is a tug-of-war between long and short. Generally, there will still be a big **. If it is the bottom, the positive wave is over, and the market is either consolidating and waiting for direction or reversing.

3. Because **can't always go unilaterally** will** or ** or consolidate in the general direction of continuation. You said that after shorting, it will not fall. It may be because when you enter the market, you have already fallen for a while, and you are chasing

Normally, if the trend goes down, it will continue to go down after consolidation. 4.The question of how to make a profit will be talked about next time.

I don't think there is anything particularly fixed about the operation, and any operation needs to take into account the ** that the market is in at that time. There are only two points to remember: 1. Strict stop loss, do not change or cancel at will. 2. Homeopathic operation. There is nothing wrong with doing these two things well.

Answer]: From the perspective of the bank's foreign exchange trading, the exchange rate can be divided into the buyer's exchange rate (buyer's price) and the selling exchange rate (the selling price is Weiqingsen). Among them, the exchange rate of the buyer's balance is the exchange rate used by the foreign exchange bank when buying foreign exchange; The selling exchange rate is the exchange rate used by the foreign exchange bank to sell foreign exchange per mu.

When a customer buys foreign exchange at a foreign exchange bank, it is selling foreign exchange from the bank's point of view, so the transaction price is the bank's selling exchange rate, that is, the selling price, not the ** price.

1. Forward exchange rate: USD JPY=( +

For the purchase of US dollars by a three-month customer, i.e. the bank (**party)**US dollar (here is the base currency), the applied exchange rate is, and the number of yen that the company needs to pay is: 500,000 * million yen.

2. Forward exchange rate: EUR USD=(

The client **USD, i.e. the bank (**party)** euro (here the euro is the base currency), the applicable exchange rate is, the company can get the euro: 1 million euros.

3. Interest rate parity theory, low interest rate currency forward appreciation, forward dollar appreciation, appreciation rate and interest rate differential, forward exchange rate:

usd/cny=

Forex trading is a pair of currency pairs, that is, long one of them, that is, short the other, audusd this is the Australian dollar against the US dollarBuy is to long the Australian dollar, short the US dollar, sell is to short the Australian dollar and long the US dollar, your idea is right.

24-hour trading is divided into three periods, Asian session, European session, American session, Asian session fluctuations are very small, this guarantee can only be guaranteed by setting a stop-loss line and a take-profit line.

The spread of the full entry, that is, the cost of the transaction, the handling fee, you have done ** you know this thing, that is, the difference between buying and selling is the cost of the transaction, and the ECN platform still has gold.

The leverage of foreign exchange trading is very large, it can reach 200 times or 400 times, ECN is generally 100 times, the same amplification, for example, if you do a standard lot, up 1% your profit is 1 * 400, this can be understood **, the same algorithm.

Close the position and cash it into US dollars, long GBPUSD, if it rises after an hour, you do a standard lot, then you earn $1000, and the platform will cash out into the account, I don't know if you understand, you can buy a book to see the trading rules!

No matter which currency pair you trade, you just need to remember one thing: **up**long, **down**short, and then with light trading, there is no reason not to win.

Locking orders is the wrong way of thinking for your novices, give up, and wait until you understand the meaning of locking orders in use.

As long as you place an order, your funds will not change, and if you place an order overnight, of course the funds will change, either losing or earning.

Yes 4If you follow the margin ratio, the maximum **, and the loss to the proportion specified by the platform, will be liquidated, so this has a lot to do with you.

5.The money you close is yours, and you can settle and close the position at any time.

There are no good skills, and the skills are all tortured by themselves.

I suggest that if you have time, take a few minutes every day to write some of your own experience, whether it is a simulation or a real warehouse, the experience is written more, and you will master it as your own knowledge.

Some small experiences, novices can understand and understand that maybe they can avoid detours.

1.The most intense trading hours for foreign exchange trading are generally from 3 p.m. to 5 p.m. and from 7 p.m. to 12 p.m.

2.It is best not to hold a position overnight, and if you have to hold a position, be sure to set a stop-loss price and a take-profit price.

3.The Stop Loss and Take Profit prices can be set on the 5th and 20th days.

4.Don't trust your instincts too much, but watch more international news, and don't look at what others say, but what is happening in the market.

5.Don't go full at any time.

6.To judge the general trend, follow the market accurately, be cautious when doing swings, and don't lose big because of small things.

7.If it doesn't rise when it should rise, it is resolutely bearish, and if it doesn't fall when it should fall, it is bullish.

8.Foreign exchange and ** are both T+0 mechanisms, to maximize the mobility of this mechanism, grasp the opportunity, decisively enter and exit the market, and overcome greed (unwilling to sell) and fear (dare not buy).

9.Finally, of course, it is to learn more investment knowledge, enrich yourself, and make a good summary every day.

10。Learn about the more well-known platforms in the world, regulated by the FSA and NFA. Spot ** leverage can choose from 100 to 400, the leverage is large, and it is easy to do some.

11.Novices are advised to apply for a free simulation first, simulate learning first, summarize the simulation experience, and record daily gains and losses. Should help

Beginners are advised to make the following preparations before investing. For novices, there are fewer detours.

1.Don't listen to what the old friends say, you don't need to read books, you don't need to read technical information, just fry more. I think there are some basics of forex that newbies must know that still need to be learned.

For example, do you know what a pressure line is, how to use a template, how to use 5 sticks, and so on.

2.Candlestick Chart This book is completely the Bible of Forex, and it is recommended that you read the must-read book for forex friends here.

3.Look at the data, there is nothing more convincing and learning than data. Communicate more with the masters in the group.

4.Invest 500$ at a time, don't invest in the early stage, and don't need to invest, because MT4 can apply for a demo account.

5.Choose the mainstream platform, don't touch the black platform, all the people in the frame are newcomers. I don't really believe in any rebates or anything.

In addition, it is recommended that the platform must be regulated by the FSA, because the UK has the strictest financial laws and strict capital flow, so we have a sense of security for our funds.

6.Treat speculation as financial management, not speculation. I feel like this is the direction of financial management. To be a financial manager, to be an investment, not to speculate, speculative are gamblers.

7.That's right. If you are a newbie, you can register a forex demo account first, and first register for free to play. Look at how simulated foreign exchange speculation is speculated, and slowly you will understand.

8.Read all the basic articles in the "Minghui School" column carefully.

Milestone Capital forex learning and exchange community.

The goal is clear, the profit ratio risk is 2:1 or below before placing an order, and the mentality is calm.

Learn more and ask more questions, have a calm mind, and are not arrogant or impatient!